As 230 U.S. Olympic athletes gear up to compete in the 2014 Winter Games, the only thing colder than the slopes at Sochi is the fact that any prizes awarded will be taxed by the IRS. Many Americans don't realize that the U.S. taxes income

A Florida judge has agreed to an 8-month delay in the trial of Raoul Weil, a former high-ranking UBS banker charged with tax fraud by U.S. authorities. Weil's lawyers requested the delay in light of the massive amount of evidence that has been produc

It is not coincidence that these two unofficial taxes--healthcare and college tuition--are soaring in cost, outpacing all other household expenses. I have long argued that to make an apples-to-apples comparison of real tax rates in the U.S. and other

As bitcoin moves away from being known only to the tech cognoscenti and becomes a real viable currency that is adopted broadly, more organizations arise that look to leverage all this attention and add something of value to bitcoin holders.

The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but also nee

Edward J. Snowden, the former National Security Agency contractor whose leaks of secret documents set off a national and global debate about government spying, is joining the board of a nonprofit organization co-founded by Daniel Ellsberg, the well-k

While Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses.

“In less than 24 hours, the three networks have devoted 17 times more coverage to a traffic scandal involving Chris Christie than they’ve allowed in the last six months to Barack Obama’s Internal Revenue Service controversy.”

There is a worldwide, concerted effort going on to shut down any way for people and corporations to escape the Western tax dragnet or even to get foreign citizenship and leave. It is being led by the US government and I have seen it countless times.

At the beginning of 2014, Detroit may be bankrupt, but they’re cheering the 5-year-old US auto bailout in Italy. That’s because after being the beneficiary of billions in US taxpayer largesse, Fiat, the leading Italian auto company, is going to buy i

Requiring calorie information to be displayed on roughly 5 million vending machines nationwide will help consumers make healthier choices, says the Food and Drug Administration, which is expected to release final rules early next year.

The push for a Christmas tree "tax" is back. The initiative first surfaced, and then screeched to a halt, in 2011. Christmas tree growers petitioned the Department of Agriculture to impose a fee on trees, in order to fund a new board to promote their

I was surprised that the Ninth Circuit’s decision, last month, on Irwin Schiff’s appeal of his conviction and sentence did not attract more attention. Irwin Schiff could well be viewed as the grandfather of the contemporary tax protester movement.

Buried inside a Congressional Budget Office report this week was this nugget: when it comes to individual income taxes, the top 40 percent of wage earners in America pay 106 percent of the taxes. The bottom 40 percent...pay negative 9 percent.

Everyone who produces and pays taxes is living for others to some degree. Their time, which is their life, supports the salaries of government workers and the entitlements of tax consumers. In Rand’s novel Atlas Shrugged, a group of producers withdra

IRS Agents are using Google Maps to audit taxpayers and organizations. A redacted IRS letter dated Sept. 8, 2011 reveals at least in one case the IRS’s examiners used photos of a property, obtained through Google Maps, as evidence

I think it loathsome for one man to own another and the involuntary tribute demanded by government is simply another form of owning another man’s wealth and labor. Taxation is the way collectivists practice their compassion by taking

“My decision was either to protect my Canadian spouse and child from this overreach or I could relinquish my U.S. citizenship,” she said. “It was with great sorrow I felt I had to relinquish, but there was no other choice for me and many like me.”